North India Statesman
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News India Live, Digital Desk: If you have not yet filed your income tax return (ITR) of this year, then this is the most important news for you. Today, ie 15 September 2025, is the last date to file ITR and the government has made it clear that this date will no longer be extended.
The last date for filling the first tax was 31 July, which was extended to 15 September for the facility of taxpayers. But now the government has refused to give any other concession. The Income Tax Department has appealed to the people not to pay attention to any kind of false news and must file their ITR before 12 o’clock tonight.
What will happen if you miss today?
After the date is removed, you can suffer many types of disadvantages by filing ITR:
- Will be fined: If you fill the returns after 15 September and before 31 December 2025, you will have to pay late fees.
- If your total income is more than Rs 5 lakh 5,000 rupees Will be fined.
- If the income is less than 5 lakhs then this fine 1,000 rupees will be.
- Loss of interest: If a tax refund is to come, then you may have to wash your hands with the interest received on it.
- Interest will also have to be paid on tax: If you have a tax outstanding, then you will also have to pay interest on that amount at the rate of 1% per month.
- Will not be able to take the deficit forward: If you have suffered any loss in the stock market or business, you will not be able to adjust that loss with next year’s profits due to not filling ITR on time.
Simply put, ignoring today’s deadline can be overwhelming on your pocket. Therefore, if you have not yet filed a return, then complete this work today without any delay.
